Tag: GBP
How much is 1 pip: Understanding Their Value and Significance
Jennifer -
In the world of forex trading, the term "pip" is ubiquitous. Short for "percentage in point" or "price interest point," a pip is a...
Why is brent oil price higher than wti: Understanding the Discrepancy
Jennifer -
The global oil market is a complex and interconnected system where various factors influence the prices of different types of crude oil. Two of...
GBPJPY Experiences Temporary Sideways Movement Amid Negative Momentum
Jennifer -
London, United Kingdom, September 28, 2023 (GLOBE NEWSWIRE) - The GBPJPY currency pair has recently exhibited a tendency toward negative momentum, resulting in a...
GBPSEK Initiates Bearish Momentum as Critical Resistance Fades
Jennifer -
The GBPSEK currency pair has embarked on a bearish trajectory, confirming the previously suggested negative outlook. This development comes as the pair retreated from...
GBPUSD Faces Resistance at 1.2165, Bearish Trend in Focus
Jennifer -
London, UK, September 28, 2023 (GLOBE NEWSWIRE) - The GBPUSD pair has seen an uptick in trading activity, testing a significant resistance level at...
GBPJPY Poised to Continue its Downward Movement
Jennifer -
The GBPJPY pair has demonstrated a pattern of fluctuations below the 181.80 level, establishing an additional barrier against downward movements. This behavior has led...
Gold Prices Decline as US 10-Year Yields Rise and WTI Crude Oil Climbs
Jennifer -
Gold prices experienced a decline on Tuesday, coinciding with a rise in US 10-year Treasury yields and an ascent in West Texas Intermediate (WTI)...
GBP/JPY: Temporary Sideways Movement Persists Amid Bearish Sentiment
Jennifer -
The GBP/JPY pair continues to experience a temporary sideways fluctuation, with its stability at 181.65 preventing the attainment of any new negative targets. This...
GBP/CHF Records Repeated Declines, Exhibiting Bearish Bias
Jennifer -
The GBP/CHF pair has continued to display a persistent bearish bias, with recent closes falling below the crucial resistance level at 1.1515. Additionally, it...
GBPUSD Sustains Its Decline
Jennifer -
The GBPUSD pair continues to exhibit a bearish bias, steadily approaching our anticipated target at 1.2200. Our outlook supports further downward momentum, with additional...
GBPJPY Takes a Momentary Pause in Forex Trading
Jennifer -
The GBPJPY currency pair has initiated a temporary period of sideways trading, currently stabilizing near the 181.60 level. This consolidation phase appears to be...
Which one is highest currency in the world: A Comprehensive Analysis
Jennifer -
Currencies are the lifeblood of global economies, facilitating trade, investment, and financial transactions worldwide. The strength of a currency can have a profound impact...